OMM 640 week 6 assignment final project omm 640

Chaquinta R. LearyBusiness Ethics and Social ResponsibilityFinal ProjectAshford UniversityAlan SwankJanuary 21, 2013Introduction:Ethics and business has become necessary for each other. Business practices are following ethical ways now. Ethical Business practices include assuring that highest moral and legal standards that are observable in your business relations with people and community. Most importantly, Ethical practices of business focus on the relationship with customers. If business prefers short term profit at the cost of losing a customer, it will be a long term death of the company. This paper will discuss the importance of ethics in our lives and how it has emerged as contemporary business practices. Ethics is now an essential part of business practices and how much preference and favor ethical business gain from customers and other stakeholders.Ethics are moral values and actions and general theories of conduct. Ethics also refer to rules, values of conduct that are held by a group of people. Ethics are values that are kept by a person throughout his life time for maintaining their moral values. Ethics can be divided into two fields, meta-ethics and normative ethics. (Joyner, & Payne, 2002) Normative ethics are also called moral philosophy, this type of ethics presents and justify a guide to right ethics. It consists of terms such as right or wrong, good or bad, to express preferences and choices, to criticize, praise, pers